Regulatory Compliance Continuity Compliance

Risk Management Concerns Escalate as Board Oversight Expectations Grow

February 1, 2013 By Continuity_Compliance Leave a Comment

By: Ben J. Carnevale, Contributing Editor Not many of our readers would argue with the position that there is a rising trend of discussion among our company executives on a need for increased levels of risk management capabilities and focus of improvement expected from regulators, credit rating agencies, institutional investors, customers, and the courts in the United States and the global village where more and more companies are now doing their business. The fact is that in the aftermath of the global financial crisis a growing number of companies and their boards will soon – if not … [Read more...]

e-Discovery Trends Predicted for Prominence in 2013

January 25, 2013 By Continuity_Compliance Leave a Comment

The topic of e-Discovery remains a major point of discussion for enterprises who must operate in growing litigation driven, regulatory enforced commercial environments, facing ongoing concerns for cost reduction and finally trying to integrate the latest demand for social media and other cyber security related technologies into their work force. And with all of these challenges now beginning to effect organizations of lesser size and with more limited resource capabilities to address these potential threats, it is valuable for those of our readership affected by such e-Discovery dynamics to … [Read more...]

Free Webinar Supports How Good Policies and Procedure Form Foundation of Strong Compliance Programs

May 21, 2012 By Continuity_Compliance Leave a Comment

Risk mitigation is a major challenge and, at the same time, an opportunity for risk management and business continuity planning activities. When it comes to events such as the HHS’ formal HIPAA Audit Program, as mandated by the HITECH Act, it is becoming more and more clear that an auditor’s first impressions and subsequent on-site visits, reviews and audits will be impacted by the content of the audited organization’s Policies and Procedures. How good are your organization’s policies and procedures? Policies set the stage and serve as an organization’s foundation and … [Read more...]

BSI ISO 22301 Now Available for Purchase

May 17, 2012 By Continuity_Compliance Leave a Comment

In response to several requests from our readers, our staff would like to announce that business continuity managers and planning teams can now purchase the new international standard for business continuity management (ISO 22301:2012 "Societal Security, Business Continuity Management Systems Requirements") from BSI. Click here to do so…. The BSI group references the standard as BS ISO 22301 and points out that this new standard identifies the fundamentals of business continuity management and provides a basis for understanding, developing and implementing a business continuity … [Read more...]

Twitter Positions “Play Down Strategy” for Most Recent Privacy Breach

May 10, 2012 By Continuity_Compliance Leave a Comment

With so many individuals using Twitter for both work related as well as personal related reasons, you may be interested to know that it was announced on the Pastebin website recently that tens of thousands of Twitter users’ email addresses and passwords have been dumped online. Unfortunately, with a number that appears relatively low (58,978 as reported) compared to the total number of total Twitter users (reported as over 140 million), the importance of having a breach at all gets lost in the claim that this breach would have affected only about 0.02% of its user base. If you were … [Read more...]

Regulatory Compliance Requires Solid Understanding of Standards, Policies and Procedures

April 23, 2012 By Continuity_Compliance Leave a Comment

Compliance and regulatory requirements facing today’s enterprise organizations seems to be growing and putting more pressure on both information and physical security practices than they can keep up with – both in time and the money needed to mitigate these ongoing potential risks. In an article written by Ericka Chickowski, she states that the key to bringing equilibrium to this challenge is by having unified policies that can guide security standards and procedures to both minimize risk and comply with regulations now and in the future. Chickowski’s article does a nice job in … [Read more...]

Risk Management Required for Top HR-Related Organizational Concerns

April 14, 2012 By Continuity_Compliance Leave a Comment

Photo courtesy of employeeleasingquotes.com

Areas of risk for many organizations often come from departments of that organization being overlooked for the true risk potential hidden in the day-to-day operations of that department. Business continuity planners and risk management team members need to always be aware of and plan for controlling those risks. Such is the case for the posting below which brings our attention to some top HR compliant concerns for risk and threat potential to those SMB's..... Assumption: Unlike their large enterprise company counterparts, small and mid-sized companies (SMB’s) too often do not have … [Read more...]

Risk Managers and Chief Risk Officers Offered Updates on New Dodd-Frank Rules

March 5, 2012 By Continuity_Compliance Leave a Comment

On Thursday, March 8th, (2:00 – 3:00 p.m. EST) IBM is offering a webcast entitled “Implications of New Dodd-Frank Rules for Risk Committees and CROs”. Webcast description: The U.S. Federal Reserve Board recently proposed new rules implementing key provisions of the Dodd-Frank Act dealing with risk management by financial institutions. Join Richard M. Steinberg – an internationally recognized expert on governance, risk and compliance, principal author of COSO's internal control and ERM frameworks, and advisor to major company boards of directors and senior managements - as he … [Read more...]

FEMA Petitions for Private and Nonprofit Sector Input to Latest PPD-8 National Framework Documents

February 23, 2012 By Continuity_Compliance Leave a Comment

Private sector awareness and preparedness have always been a prime focus of FEMA’s “National Frameworks” programs --- which are part of the Presidential Policy Directive 8 / PPD-8: National Preparedness initiatives. In an earlier posting on this website (“National Preparedness System Description Announced by FEMA”), FEMA clearly stated its position that our nation will be best prepared when we all work together to make that happen. To keep that focus FEMA is once again seeking information and feedback from the whole community regarding what they think about a series of new … [Read more...]

Compliance Officer and In-House Counsel — Synergies and Conflicts

February 20, 2012 By Continuity_Compliance Leave a Comment

Amy E. Hutchens, a frequent contributing writer for this website and the National Contract Management Association (NCMA), has written an interesting article entitled “Wearing Two Hats: The Dual Roles of In-house Counsel and Compliance Officer”, and, given the fact that corporate regulatory and enforcement authorities have become more active and aggressive in the past several months, our staff would like to encourage a more detailed reading of Amy’s approach to this dual challenge often facing a new arrival to a new in-house counsel appointment. Of course, economic constraints can … [Read more...]